Spread Trend Analysis Report
Prepared for you on Thursday, July 2, 2020.
BRENT CRUDE OIL LAST DAY JUN 21/SEP 21 (NYMEX:QBZ.M21-QBZ.U21)
Weak Downtrend (-65) - QBZ.M21-QBZ.U21 is showing signs of a strengthening downtrend. Monitor QBZ.M21-QBZ.U21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QBZ.M21-QBZ.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.M21-QBZ.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.M21-QBZ.U21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QBZ.M21-QBZ.U21
Based on our trend formula, QBZ.M21-QBZ.U21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.36||52wk High Date||2020-01-23|
|52wk Low||-1.29||52wk Low Date||2020-04-28|